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Updated about 9 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Garrett Hayes
  • Old Orchard Beach, ME
1
Votes |
14
Posts

Analyzing property deal seams to good?

Garrett Hayes
  • Old Orchard Beach, ME
Posted

I'm looking into a 4 plex fully rented for 2700 a month between all 4 units but only selling for 65000 and building seams in good condition from the pictures. The property shuld have high cash flow so why would someone want to sell a building like this? Doesn't make sense to me. Haven't been to the building yet so the real condition is unknown. Anyone have expreance with this and the building is not a foreclosure. 

Thanks

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